Local Business makes national news for adapting rather than sinking!
Jumana Judeh's real-estate appraisal firm is a prime example of a business finding the good in a bad situation.
Judeh & Associates, which opened in 1998, used to do appraisals for mortgage lenders. But as the Big Three's decline contributed to a housing slide in metro Detroit, Judeh's revenue fell for three straight years.
Then, three years ago, Judeh decided to change direction. Rather than working for lenders, her company began to appeal real-estate tax assessments for people who were struggling financially - often because of divorces and layoffs. The goal was to help clients decrease their tax payments.
Read the whole article:
http://money.cnn.com/galleries/2009/smallbusiness/0902/gallery.detroit_ripples.smb/index.html
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